MNI: Canada March Retails Flat After Feb Decline Led By Gas

STATSCAN SAYS FLASH RETAIL SALES WERE UNCHANGED IN MARCH

MNI China Daily Summary: Wednesday, April 24

MNI BRIEF: China Steel Demand Q2 Limited Rebound

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1048 Weds; -4.92% Y/Y

MNI: BELGIUM APR BNB BUSINESS SURVEY -11.9

MNI:US MAR DURABLE NEW ORDERS +2.6%; EX-TRANSPORTATION +0.2%

MNI: CANADIAN FEB RETAIL SALES -0.1%; SALES EX-AUTOS/PARTS -0.3%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Sakhalin-1 Helps Japanese Energy Security: Minister of Economy

OIL

Japan depends on Russia’s Sakhalin-1 project for energy security according to Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura.

  • "Japan depends on the Middle East by 90% for oil import and already by 95% at present, and in such conditions the Sakhalin-1 is critical from the standpoint of diversification. It is a very important project in terms of Japan’s energy security and stable supplies" he said.
  • He added that Japan is not at present importing oil from the project which is producing at marginal levels.
  • On October 7, Russian President Vladimir Putin signed the decree establishing the new operator for the Sakhalin-1. Foreign participants in the project should submit notices within a month to the Russian Cabinet about plans to commit to the new ownership setup in a similar fashion to what happened with Sakhalin-2.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.